TORONTO, ONTARIO–(Marketwired – May 17, 2016) – Dividend 15 Split Corp. II (“Dividend 15 II”) declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). The net asset value at the time of declaration was $15.04. Distributions are payable June 10, 2016 to shareholders on record as at May 31, 2016.
Since inception Class A shareholders have received a total of $10.30 per share and Preferred shareholders have received a total of $5.01 per share inclusive of this distribution, for a combined total of $15.31 per unit.
Dividend 15 II invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto- Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TransCanada Corporation.
| Distribution Details: | |
| Class A Share (DF) | $0.10 |
| Preferred Share (DF.PR.A) | $0.04375 |
| Ex-Dividend Date: | May 27, 2016 |
| Record Date: | May 31, 2016 |
| Payable Date: | June 10, 2016 |
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